Management is working with and through individuals and groups to accomplish organisational goals. Management is the efficient utilisation of human, financial and physical resources in an organised effort towards common goals. Essential managerial functions include: planning, organising, motivating, information sharing.
Planning: setting goals and objectives for the organisation or unit, and developing “work maps” that show how these goals and objectives are to be accomplished. Once plans are made…
Organising: brings together resources – people, capital, equipment – in the most effective way to accomplish the goals. Organising involves an integration of resources.
Motivating: plays a large part in determining the level of performance of employees which, in turn, influences how effectively the organisational goals will be met.
Information Sharing: involves maintaining a flow of relevant data and information to employees, feedback of results and follow-up to compare accomplishments with plans.